Samsung Over Nokia Acquisition: Reports Are Not True And Are Purely Speculative

Posted on Jun 11 2012 - 9:58am by Editorial Staff

Last week news broke that Samsung is going to buy Nokia, which results in shooting the Finnish mobile giant stock up by over 11%. But, Reuters turning the story down, reports that Samsung denied by saying that it was interested in acquiring Nokia, resulting in sending the share price of Nokia down 2 percent. Samsung said: “Such reports are purely speculative and are not true.”

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Editorial Staff

Editorial Staff at I2Mag is a team of subject experts led by Karan Chopra.